News Centre

Testimony Of Brian Smith, Deputy Assistant Secretary For Federal Finance, U.S. Department Of The Treasury, House Financial Services Subcommittee On Investor Protection, Entrepreneurship, And Capital Markets

Date 15/04/2021

Thank you to Chair Sherman and Ranking Member Huizenga for calling a hearing on this important issue. As Treasury’s Deputy Assistant Secretary for Federal Finance, I oversee the Department’s work on the LIBOR transition.

ISDA Guidance: Japan Summer 2021 Holiday Changes

Date 15/04/2021

ISDA guidance for parties to over-the-counter derivative transactions affected by the holiday changes happening in Japan this summer can be found below.

SIFMA Supports Federal Legislation For Transitioning Away From LIBOR

Date 15/04/2021

SIFMA today expressed its support for federal legislation to assist with the transition from LIBOR in testimony submitted for the record in a hearing before the House Financial Services Committee Subcommittee on Investor Protection, Entrepreneurship and Capital Markets titled “The End of LIBOR: Transitioning to an Alternative Interest Rate Calculation for Mortgages, Student Loans, Business Borrowing, and Other Financial Products.”

Office Of The Comptroller Of The Currency Deputy Comptroller For Market Risk Policy Testifies On LIBOR Transition

Date 15/04/2021

Deputy Comptroller for Market Risk Policy Kevin Walsh today testified during a hearing before the U.S. House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets regarding the upcoming cessation of the London Interbank Offered Rates (LIBOR).

Canadian Securities Regulators On Track To Publish Final Amendments To Enhance Protection Of Older And Vulnerable Clients

Date 15/04/2021

The Canadian Securities Administrators (CSA) is on track to publish the final amendments that will enhance the protection of older and vulnerable clients across Canada, in early summer 2021.

ICE Mortgage Technology Sets Records With Experience 2021 - Experience 2022 Scheduled To Take Place March 14-16, 2022 At The Wynn Las Vegas

Date 15/04/2021

ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today shared that its annual Experience conference, which was conducted virtually this year, concluded as the company’s most successful event to-date.

Join A Live Broadcast Of GPW’s 30-Year Anniversary

Date 15/04/2021

• The celebrations will take place in the presence of President Andrzej Duda.
• The event will feature an address by Deputy Prime Ministers Jacek Sasin and Jarosław Gowin as well as panel discussions with CEOs of listed companies.
• President of Poland Andrzej Duda is the Honorary Patron of GPW’s anniversary.
• The event will be broadcast online at 30latgpw.pl

Updated: Kinesis Launches Government-Backed Monetary System In Partnership With PT Pos In Indonesia - In Partnership With ABX, ICDX And PT Bullion Ecosystem International, Kinesis Has Launched The First Government-Backed, Sharia Compliant, Gold-Based Financial Infrastructure Ever Created.

Date 15/04/2021

Kinesis, the monetary system based on 1:1 allocated physical gold and silver, today announces the soft launch of PT Pos Indonesia’s physical gold-based digital Sharia product, PosGO Syariah.

EBA Published Final Draft Technical Standards Specifying The Methods Of Prudential Consolidation

Date 15/04/2021

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) specifying the conditions according to which consolidation shall be carried out in line with Article 18 of the Capital Requirements Regulation (CRR). The aim of these draft RTS is to ensure that the appropriate method of prudential consolidation is applied for the calculation of the CRR requirements on a consolidated basis. Compared to the Consultation Paper, the final draft RTS have been revised also to reflect the amendments introduced as part of the Risk Reduction Measures Package adopted by the European legislators.

ESMA Highlights Need For Increased Efforts On EMIR And SFTR Data Quality

Date 15/04/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today published its final report on the European Markets Infrastructure Regulations (EMIR) and Securitised Financing Transactions Regulation (SFTR) data quality. The report covers the progress made to date in improving EMIR data quality for regulatory and supervisory use and concludes that, while good progress has been made, additional efforts are needed by national competent authorities (NCAs) and ESMA to further improve EMIR data quality.